How Is The Market Feeling About Cintas?
Portfolio Pulse from Benzinga Insights
Cintas (NYSE:CTAS) has seen a 5.47% decrease in its short percent of float, now at 1.9%. This is lower than its peers' average of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 16, 2024 | 4:30 pm
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Cintas has experienced a 5.47% decrease in short interest, now at 1.9%, which is below the peer average of 4.31%. This could indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Cintas, which can be interpreted as a sign of increased confidence in the stock. Additionally, Cintas's short interest is lower than its peers, further supporting a potentially bullish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100